P S Raj Steels gets NSE Emerge's clearance to float IPO

Haryana-based P S Raj Steels on Monday said it has received in-principle approval from NSE's SME platform Emerge to raise funds through an initial public offering. P S Raj Steels Ltd (PSSR), a stainless-steel pipes and tubes manufacturer, received the approval from NSE's Small and Medium Enterprises (SME) platform Emerge on January 2, the company said in a statement.